Chapter
Bootstrap businesses vs. capital-intensive ones
14:02 - 18:05 (04:02)
The speaker argues for building bootstrap businesses that require little to no money and selling advertising on them as opposed to building capital-intensive companies that have a limited customer base.
Clips
The speaker argues that entrepreneurs have been fed the belief that they should build a disruptive company with a large total addressable market, but instead suggests the idea of building bootstrap businesses with positive working capital that can make a revenue of up to three million dollars a year.
14:02 - 18:05 (04:02)
Bootstrap Businesses
Summary
The speaker argues that entrepreneurs have been fed the belief that they should build a disruptive company with a large total addressable market, but instead suggests the idea of building bootstrap businesses with positive working capital that can make a revenue of up to three million dollars a year.